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For Sale via Expressions of Interest Closing 16 March 2026 at 2:00pm
Offered to the market for the first time in over 30 years, this is a genuinely rare freehold office asset with substantial development upside in one of Footscray’s most tightly held and high-performing precincts.
Positioned on a substantial 817m² freehold site with over 30 metres of frontage to Byron Street, the property is improved by a premium-grade office building of 345m² with 10 on-site car spaces. The existing improvements provide immediate occupation or leasing while preserving long-term flexibility.
Zoned Activity Centre Zone 1B, the site benefits from a preferred building height of up to six storeys, positioning it as one of the most compelling development opportunities within Footscray’s established medical and commercial hub, subject to council approval. Opportunities of this calibre and scale are exceptionally scarce.
Strategically positioned in the heart of Footscray’s medical hub, the property is surrounded by established medical, allied health and commercial operators and is moments from Footscray Hospital. The location is further underpinned by proximity to transport and the CBD, sitting approximately 400 metres from Footscray Station and within 5 kilometres of the Melbourne CBD.
KEY HIGHLIGHTS:
> 827m² freehold site with over 30m street frontage.
> 345m² premium office accommodation.
> 10 on-site car spaces.
> Zoning: Activity Centre Zone 1B (ACZ1) with a preferred six-storey height.
> 2km to the new $1.5 billion Footscray Hospital redevelopment, a major long term infrastructure anchor
> One of the most compelling development sites in the area
> Sold with vacant possession
The asset offers exceptional flexibility, suitable to occupy, lease for income, or reposition and develop in the near or long term.
A true A-grade location defined by scarcity, upside and long-term relevance.
Opportunities like this are usually spoken about in hindsight.
To arrange an inspection or request further information, please contact the selling agent.
James Matina
0431 283 528
* all quoted figures are approximates.
Remember to mention you found this property on CommercialReady
For Sale via Expressions of Interest Closing 16 March 2026 at 2:00pm
Offered to the market for the first time in over 30 years, this is a genuinely rare freehold office asset with substantial development upside in one of Footscray’s most tightly held and high-performing precincts.
Positioned on a substantial 817m² freehold site with over 30 metres of frontage to Byron Street, the property is improved by a premium-grade office building of 345m² with 10 on-site car spaces. The existing improvements provide immediate occupation or leasing while preserving long-term flexibility.
Zoned Activity Centre Zone 1B, the site benefits from a preferred building height of up to six storeys, positioning it as one of the most compelling development opportunities within Footscray’s established medical and commercial hub, subject to council approval. Opportunities of this calibre and scale are exceptionally scarce.
Strategically positioned in the heart of Footscray’s medical hub, the property is surrounded by established medical, allied health and commercial operators and is moments from Footscray Hospital. The location is further underpinned by proximity to transport and the CBD, sitting approximately 400 metres from Footscray Station and within 5 kilometres of the Melbourne CBD.
KEY HIGHLIGHTS:
> 827m² freehold site with over 30m street frontage.
> 345m² premium office accommodation.
> 10 on-site car spaces.
> Zoning: Activity Centre Zone 1B (ACZ1) with a preferred six-storey height.
> 2km to the new $1.5 billion Footscray Hospital redevelopment, a major long term infrastructure anchor
> One of the most compelling development sites in the area
> Sold with vacant possession
The asset offers exceptional flexibility, suitable to occupy, lease for income, or reposition and develop in the near or long term.
A true A-grade location defined by scarcity, upside and long-term relevance.
Opportunities like this are usually spoken about in hindsight.
To arrange an inspection or request further information, please contact the selling agent.
James Matina
0431 283 528
* all quoted figures are approximates.
Remember to mention you found this property on CommercialReady
